By David Shepardson WASHINGTON (Reuters) -Toyota Motor said on Monday it is urging the owners of 50,000 older U.S. vehicles to get immediate recall repairs because an air bag inflator could explode and potentially kill motorists. The Japanese automaker said the “Do Not Drive” advisory covers some 2003-2004 model year Corolla, 2003-2004 Corolla Matrix, and…
(Reuters) – Super Micro Computer’s stock jumped almost 10% to a record high in extended trade on Monday, extending its recent AI-fueled rally after the server seller projected stronger-than-expected quarterly sales. The San Jose, California, company’s report after the bell also lifted shares of Nvidia by 1.2%, adding to a 2.3% gain during Monday’s session…
(Reuters) -Albemarle, the world’s largest lithium producer, has laid off more than 300 employees, or 4% of its workforce, as part of a previously announced round of cost-cuts, The Information news site reported on Monday, citing people familiar with the matter. The Charlotte, North Carolina-based company said earlier this month it would cut jobs and…
By Steven Scheer JERUSALEM (Reuters) -Israel’s sovereign credit rating could be cut if the war with Palestinian Islamist group Hamas expands to other fronts, but if this does not happen it should be able to weather the war’s economic fallout if it makes needed budget changes to offset higher spending, an S&P Global Ratings director…
By John Revill ZURICH (Reuters) -Switzerland’s Holcim will spin off 100% of its North American operations in a New York flotation which could value the business at $30 billion, the building materials giant said on Sunday, as it also named a new chief executive. Miljan Gutovic, currently head of Europe at Holcim, will replace Jan…
